Showing 1 - 10 of 451
The purpose of this paper is to construct a relative performance index for the States in India in terms of their …
Persistent link: https://www.econbiz.de/10013314965
We examine the investment rule that must be satisfied by an efficient and egalitarian path in a discrete-time version of the Dasgupta-Heal-Solow model of capital accumulation and resource depletion. In the discrete-time model, competitive valuation of net investments in terms of early and late...
Persistent link: https://www.econbiz.de/10012908689
sustainability outcomes? We approach this question by looking at the evolution of fiscal sustainability in Poland, which is an … fiscal sustainability in Poland has significantly improved in the post-crisis period of 2009-2017: we detect both improvement … of the fiscal sustainability parameters and structural breaks in the fiscal outcomes after the crisis. Namely, in …
Persistent link: https://www.econbiz.de/10012908672
In this paper, I demonstrate that an indicator which is commonly used to assess the long-term fiscal sustainability of … than the growth rate of GDP. I illustrate this finding based on simulations prepared for the Fifth Sustainability Report … sustainability, e.g., through demographic ageing …
Persistent link: https://www.econbiz.de/10013249654
We evaluate the impact of government spending efficiency on fiscal sustainability for a panel of 35 OECD countries … the input efficiency scores obtained, countries’ fiscal balance and fiscal sustainability is directly improved by the use … revenues, which also improves fiscal sustainability. Specifically, rationalising public expenditures without jeopardising the …
Persistent link: https://www.econbiz.de/10013289691
We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We …-varying coefficients, we find that fiscal sustainability increases with growth, fiscal balances and fiscal rules indices, and decreases …
Persistent link: https://www.econbiz.de/10013296248
specifically on their degree of success, notably in terms of fiscal sustainability. The “need” to consolidate is based on having a … primary balance above or below the debt-stabilizing primary balance (provided by the IMF’s Debt Sustainability Analysis) for … each country. We then link the need for and the actual (historical) existence of fiscal adjustments to their sustainability …
Persistent link: https://www.econbiz.de/10013296715
Using an overlapping generations model, two new indicators of public pension system sustainability are proposed: the …
Persistent link: https://www.econbiz.de/10014347982
We show that digital capital and working from home were essential for the resilience of local labour markets in the …
Persistent link: https://www.econbiz.de/10014574306
We examine the supply-side characteristics - unskilled labor, imported input intensity, dependence on inputs from China, production complexity - that determine different potential vulnerabilities of traded products to the COVID-19 pandemic. Relying on monthly exports at the product level by all...
Persistent link: https://www.econbiz.de/10013266617